Look back at pharma news in the week to August 27, 2021

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By Barbara Obstoj-Cardwell

Among the notable news announced last week, US pharma giant Pfizer said it has reached agreement to acquire Canadian immune-oncology drug developer Trillium Therapeutics, in a deal that carries a price tag of $2.226 billion. Also of note, the US Food and Drug Administration granted full approval for Pfizer and BioNTech’s blockbuster COVID-19 vaccine Comirnaty. Danish biotech Ascendis Pharma gained FDA clearance to market its pediatric growth hormone deficiency drug Skytrofa. China’s Brii Biosciences announced Phase III clinical data on its COVID-19 antibody combination therapeutic – BRII-196/BRII-198. And BioMarin Pharmaceutical received European Commission approval for its Voxzogo (vosoritide) in the treatment of achondroplasia, a rare disease that is the most common cause of dwarfism.

Trillium gets a buyout while it’s down

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